What is a breach of contract claim?

A breach of contract claim is a legal action alleging that one party to a contract failed to uphold their end of the agreement. This can happen when someone agrees to deliver goods or services but fails to do so. In Arkansas, a breach of contract claim is usually based on one of two things: either a material breach of the contract, or a breach of an implied covenant of good faith and fair dealing. A material breach of contract occurs when one party fails to complete a substantial element of the agreement. This means the other party is no longer able to benefit from the agreement in the way they expected. An implied covenant of good faith and fair dealing is a concept that implies that the parties must act honestly and fairly when performing their obligations under the contract. This covenant can be implied even in situations where it is not expressly written into the contract. In order to prove a breach of contract claim, the party filing the claim must provide evidence of the breach and how it has affected them. This means they must show that the other party failed to uphold their end of the agreement and that this failure resulted in damages or harm to them. Damages can include money lost or property damaged due to the breach, or they can include losses that are harder to measure such as emotional distress or lost opportunity. If a court rules that the contract was breached, then the party who breached it may be liable to pay damages to the other party. Damages are typically awarded to put the non-breaching party in the position they would have been in had the breach never occurred. Additionally, the courts may award punitive damages if they determine that the breach was especially egregious.

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What is a breach of contract claim?

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